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December 22, 2024

American Electric Power (AEP)

AEP
Interim CEO Fowke Explains AEP Leadership Change
One day after removing Julie Sloat as its CEO and installing former Xcel Energy CEO Bob Fowke on an interim basis, AEP used its quarterly earnings call to add further color to the board's decision.
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MISO, SPP to Conduct Interregional Study in 2024
MISO and SPP agreed to conduct another coordinated system plan study along their seam this year, although five previous studies have failed to produce a single interregional joint project.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
FERC Grants AEP Utilities Waiver of Capacity Obligation
FERC granted American Electric Power waivers to alter the capacity obligation calculation for four of its vertically integrated utilities in PJM to not include load growth outside their territories.
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FERC Partly Grants Challenges to AEP Rates

FERC partially granted two challenges arguing that AEP subsidiaries in SPP and PJM had not properly reflected the benefits of filing consolidated tax returns in their 2021 formula rates.

AEP Transmission
Appeals Court Rejects Review of AEP Transmission Rates
The D.C. Circuit Court of Appeals has rejected four Texas cooperatives’ request to review a 2019 FERC decision over AEP's transmission rates.
PSEG
PJM PC/TEAC Briefs: Oct. 31, 2023
PJM stakeholders OK'd a manual change necessitated by the growth of data centers and heard reviews of multiple supplemental transmission projects.
Electric cat, CC BY-SA 3.0, via Wikimedia Commons
AEP Discloses SEC Subpoenas, Investigation
American Electric Power says it's been issued two SEC subpoenas in an investigation into the company’s involvement in controversial Ohio legislation.
Lawrence Berkeley National Laboratory
FERC Extends Interconnection Queue Compliance Deadline
FERC extended the compliance deadline for its interconnection queue rulemaking by four months, to April 3, 2024.
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PJM MIC Briefs: Oct. 4, 2023
The PJM Market Implementation Committee endorsed the creation of a fifth cost of new entry area for the Commonwealth Edison zone, as well as two proposals aiming to limit the prospective performance impact of implementing multi-schedule modeling in the market clearing engine.
© RTO Insider LLC
PJM MIC Briefs: Sept 6, 2023
Voltus withdrew a demand response resource issue charge, while AEP and Dominion proposed a  capacity obligation issue charge.

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